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THIS IN~ENTURE, Mad~ tM 7th d+y of `~uly q,p, ~q
72 ~~~y~ i
_ Royce Wade 1, ppard and Kendra 1.ee I, p~r~d, h s rvife _ ~
d; St • Luc ie Covnty Fiorida, MreioaftN de:i9natcd as tin "MORTGAGOR," ~nd i1RST fEDERAt SAVINGS AND IOAN
ASSO~IAt10N OF FORT PIERCE, a corpaation oryani:ed and existinp ~nder tM laws of tM Unit~d Sqt~s of AmKic~ and havinp it~ principal piaq of
buunea in tf» City o~ Fw1,Py~ru. Sl. luci~ Co~nry. Nuida, harei~uftt~ d~tfg~ated as ?F~ "MORiGAGEE" !
WHERFAS fhe MORIGAGOR is justly indebted to ?he MORTGAGEE in the sum of =,a~4~:4~•00 good ~nd lawful ma+ey oi tM United ~
S~ates ~dvanced by the,MORTGAGEE unto 1he MORTGAGOR, as evide~ced by s certain promiuory note of tveo date herewith, of which the followin9 in
words ~nd figures is a bw copy, fowit: 2
: 34,400.00 3-18~551 ~
Fwt Pierce. Florida. .1ULY 7~ 19. 72 l
For value received, 1, wo or either of us, promise to pay. without defalcation, to the order of FIRST FEOERAL SAVINGS /WD LOAN ASSOCIATION OF
FORT PIERCE at Fort Pierce, Fb~ida, the sum of s-34 s~~ with interes~ (rom date at the rate of 7~ S 9G per annum, in monthly initall-
ments as follwvi: s-~SS.00 ~ i5t ~y of Se~mbga' , 19~_ s~d a like sum on the correspondinq day af each month therr
after until the whole be fulyr paid_ • ~
Each insuUmenr fi~sf shalt be appl~ed irt payment of the en)erest and then on tMe vnpaid balsnce of the p~incipal wm. (f d auh is msde in tha
payment of any installment when due, and such defauh.continues 3p days, then at the opti~n of the holder, ar?d without any other notict, all the remaining ~
~nstallments shall be due and payable at once. Privifege is given to prepay this note in whote or i~ pa~t at any time without penalty, Neither fwebeararxe, f
nor acceptance by the holder thereof after any defavlr i~ any payments hereon, shal! be deemed extension. A late payment cMrge of Z 12 •75, sh~ll be
added to each irutallme~t remaining unpa~d 7 days after its due date, and s like sum shall be added to each such installment remaining urtpaid 7 days ~fter
each succeeding payment date. .
Each maker, surety and endorser hereof, jointly and severally, waives demand, preuntment protest and notice of proteal for rwnpaymenf, and further
agrees to any extensio~ of time of paymertt, either before or after maturity, without not+ce to any of us; and to pay all eosfs of cdlection, irxludinp a ;
reasonable attwney'a fee in the event of any defauh F?creunder, and hereby severally waives all benefit of homestead and exemption under the constif~tio~ t
and laws of each State of the Urtited States, as agsirut this obligation a~ sny extensan o~ renewat hereof. ?
W~tness ~1~c 1»nd an~ seal of exh parry. ;
- S/Roqce Wade I.ippard ~
;
S/Kendra Lee Lippard ~U i
_ - (s~?u i
~ S $1 • 60 ) State Revanue ~U ~
{
3a aoo.oo - ;
NOW, THEQEFORE, the MORTGAGOR fw the purpose of securing psyment of said wm of ; s u~d tM performance of tM
covena~fs and agreemenri hereinafter expreued, and for divers good and valwble tons~dere~iora, by these presents, does q~~nt, barysin, selt, remiie, i
release, convey and confirm u~ro the MORTGAGEE, its iuccessors ~nd auigns, all that certain bt, piece a pucel of land, situat~, lying, s~d being in ths ;
County of St. Lucie and State of Flwida, dewibed a~ followt: .
~
i
Lot 61, RIVER OAKS BSTATBS, as per plat thereof on file in Plat Baok 16,
Page 5, of the Public Records of St. Lucie County, Florida.?
W S-TATEoF1 LORIDA
t;~ ~ - DOCUMENTA°~,
STAM_-_-P TAX ~
d
a .~LL'n y 4g c .
~ V oc~r, ot e[+~[~t s~' v O- Q IN PAYMEt1! OF 7A~
N I`~----- itECfIVF~ .
P.B.190~~: = p~ ON CLASS 'C INIANGIB
I
E P A
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Y
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TO Ct1MTER 71-13a. AGTS Of 1911, n,. ~ f
MGEA POI~RA~S
CLERX ElRU11~ COURi. S~. ?.UCIE 00.. ~
fogether with sll ~nd singul~r the tenemenn, hered+"aments arrd app~rtances thereu~to bslonpirg ot In mywit~ ~pperfain'ug fhetero, snd dl renq, istup, i
P~xeeds and profin acauinq snd to acuve from aaid premises, all of whid~ are included in the abovt ~nd foreyoinp dptription and h~b~ndum, i
TO HAVE AND TO HOI~ the above described and granted premises unto the ssid MORTGAGEE, its waetsors ~nd assipru forw~r. Md tM said '
MORTGAGOR fw heirs, executon, administrston and au' ns, her -
their g ~y ~~~n with tM said MORTGAGEE, its suctsswrs and ~pipm,
that they are i.,~,f„~~ ,~~Z~d of rr~ ,.;d
Y premtses in fee simple; tlut tM same are fne, ctear and discla~ed from all liem u+d ~nn?rn-
brances in law p in ui and thaf t~y wiil ~nd ~1elr
~ tY• heirs sMll warartf end dsferid ths titlt to tht satn~ to tM sald
MORTGAGFE, its succeuws and auiyr?s, faever agairat the lawful clsims snd dem~nds of ~II persons;
PROVIDED, ALWAYS that if the MORTGAGOR shall p~y unto the MORTGAGEE the promissory note hereinbefw~ described and sh+11 huly, promptly ~
and fvlly pe~fwm, d~schuge. execute, complete, comply with snd ab~de by sach and every the stipulstioro, ag~eemenb, conditant ~nd oovsn~nb of said
promiasory note and of th;s Mortgsge, then this Mortgsge snd the Estste hereby uested shsll cesse a~d be rwll and void.
IT IS UNDERSTOOp tMt the word "Mort9agor"' whether i~ the singular a pl~nal ~nywher~ in this Mort~~ge, shsl) b~ sinp~lar if on~ only and
shall be ptural jointly and s~verally if more than ooe, and that the word "~heir" ~s wed ~nywhere in this Mwtpaye sf?~II be t~ken to mt+~n "his," "Mn,••
or "in;' wherever the context w impJies o~ adm;ts. Afso, thar wherever there n ~ reference in the corena~n and ayreemants Fwrein aontalntd to ~ny of
the parties hereto, the same shall be construed to mean as well u the hein, legal ~~preser.tatrve~, sucussors aod assipro (~ither wlunbry by atf of fM
psrY~es ot involuntary by operatiw~ of the Isw) of ti~e tame and that the cowensnn herein cont~i~ed shaN bind snd the benefits and adv~n~app Imrn
to tFie respective hein, kgal representatives, sutcesson snd ~u~gns of the parties hereto.
Md ssid Mwtgsgors, fw themselves snd their hein, kgs{ representatives. successors and suiyns, hereby joimly snd severally cove~ant and spne
ro and with the said MORTGAGEE, its s~ccesson and sssigns:
1. To pay a(1 u~d sinpvlar the principai ~nd interest and the vs~Fous snd surd~y wms of money pay~bM by virtue of ~sid promissory nols, and this
mortg+ye, e+ch ~nd every, pomPtly on the dsys respecr~vely the ssme severally bccome d~e. .
2. To p~y all snd singvla~ ti+e taxa, sssessmcnn, levies, liabilities, obligstio~n ~nd encumbrances of every Mtvre and kind now on saW deu?ib~d ;
p~op~rty, or th~t heresfter mey be impo~ed, svffered, placed, tevi~d, a ~ssessed thereon, a that here~T~er msy M Iwied or ~fsessed upon this Matp-
age, a f)w indebtedness secwed hereby, e~ch and svery, when dw and payable, accadiip to bw. befo?e they becane delinqw+?t. ~nd b~fws ~mr intK~st ~
aftathes or any penalty is incurred; AND lNSOFAR AS ANY 7HEREOF t5 Of RKORD THE SAME SHAIL 6E PROMPTIY SATISFIED AND DISCHARGf~ OF ~
RECORD ANO THE ORIGINAL OffICIAI dOCUMEMt (SUC11 AS, FOR lNSTAMCE, TF}E TAX RECEIVT OR THE SATISFACTION PMER OffICIAItY ENpORSED ~
OR CERTIFIED) SHAII BE PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN TEN ~AYS NEXT Af7ER PAYMENT; and in the evsnt tMt ~ny iheraof a not ~
paid, sat'sfied snd discharged sa:d MORTGAGEE may at any time p~y tFe same or any psrt thereof witlwvt waivi~y w alftttirg erryr option, lien, pvify p
• qM unckr w by virtue of this mortyage and the Full amount of each and every svch paymeM ihall be immed"utefy due payabk and ihalf bear intertst
~~om the date thereof uMil paid at rate of ~ine Fer cent~m per annum snd togethtr with such interest thall be setured by the litn of th:~ mor9ta~. f
BoflK 204 p~~E 307
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